Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
Greetings!I use a property management company to rent my units, and they are doing a good job. But every time one tenant leaves and another comes in behind them, the costs associated with the turnkey repairs seem real...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
A family (parent and children) owns rental properties as tenants in common. Each co-owner has more than a 10% stake in the properties. One co-owner does 99% of the property management. However, when it comes time to a...
Do you have what it takes to be “Self-Directed” ?
This blog comes to you today from: My backyard! See photo at the end. Fully sponsored by me.
Part 1
A large majority of people should have their retirement fu...
Is it better to manager your property YOURSELF or have a professional like Contractor, Handyman, or Property Manager? For those that have a variety of rental properties and like to play the field with finding new deal...
Hello everyone! I have a silent partnership agreement with a friend in where we established the I will be the managing partner and he will be the silent partner. Me as the Managing Partner shall have full and sole aut...
Hi BP
I'm not taking about who is running the show or whose the boss. That should be the investor.
But I'm wondering what the different dynamic/relationship there are between contractor and investors?
1. Are you yo...
I own and live in a small townhouse community. I have enjoyed the ease of ownership and am serving on our board. I am trying to be pro active, learn and understand as much as possible to be an effective board member...
Hi all,My investment partner and I are in the process of closing on a 20-unit property and we’re going through LLC entity formation & loan application with Fannie/Freddie. My investment partner is putting in most ...